Dear All, Instead of withdrawing or transferring my EPF account from my previous organisation, i would like to convert it to PPF. pls. let me know is it possible? if yes what is the process..!!
From United States, Plymouth
From United States, Plymouth
Please understand that Employees Provident is different from Public Provident Fund. They are two different Funds and purpose is also different
EPF is a contributory fund and one need to be an employee under EPF Act for the same
Public Provident Fund is for the public who wants to save money. There is no contribution from other. It fetches just interest. It is just like National Savings Certificate. Please approach any Post Office nearby to open an account You can also open PPF accounts in many Banks today
Do not get confused between these two funds
From India, Chennai
EPF is a contributory fund and one need to be an employee under EPF Act for the same
Public Provident Fund is for the public who wants to save money. There is no contribution from other. It fetches just interest. It is just like National Savings Certificate. Please approach any Post Office nearby to open an account You can also open PPF accounts in many Banks today
Do not get confused between these two funds
From India, Chennai
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